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Statutes > Kansas > Chapter17 > Article55 > Statutes_8177

17-5561

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

17-5561. Same; final report and accounting; discharge of directors. Upon completion of liquidation, the board of directors shall file with the commissioner a final report and accounting of such liquidation. The approval of such report by the commissioner shall operate as a complete and final discharge of the board of directors or any member thereof in connection with the liquidation of such association.

History: L. 1943, ch. 133, § 139; July 1.

State Codes and Statutes

Statutes > Kansas > Chapter17 > Article55 > Statutes_8177

17-5561

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

17-5561. Same; final report and accounting; discharge of directors. Upon completion of liquidation, the board of directors shall file with the commissioner a final report and accounting of such liquidation. The approval of such report by the commissioner shall operate as a complete and final discharge of the board of directors or any member thereof in connection with the liquidation of such association.

History: L. 1943, ch. 133, § 139; July 1.

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State Codes and Statutes

Statutes > Kansas > Chapter17 > Article55 > Statutes_8177

17-5561

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

17-5561. Same; final report and accounting; discharge of directors. Upon completion of liquidation, the board of directors shall file with the commissioner a final report and accounting of such liquidation. The approval of such report by the commissioner shall operate as a complete and final discharge of the board of directors or any member thereof in connection with the liquidation of such association.

History: L. 1943, ch. 133, § 139; July 1.